KeyBank

Deposit Account Control Agreement (DACA) Sr. Product Manager

KeyBank$96K — $181K *
US-Anywhere
+ 2 other locationsRemote
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business (Finance, Accounting, Economics) required; MBA preferred.
  • 5+ years of experience in product management or development.
  • Experience with Deposit Account Control Agreements (DACA) and Blocked Accounts.
  • Strong data analysis skills with proficiency in Excel (VLOOKUPs, Pivot Tables).
  • Excellent communication skills for executive-level presentations and stakeholder engagement.

Responsibilities

  • Manage all aspects of KeyBank's DACA program including onboarding and servicing.
  • Lead a team of DACA associates focused on training and performance management.
  • Enhance the client onboarding and account servicing experience.
  • Drive KeyBank's Commercial Liquidity positioning and strategy.
  • Oversee daily operational issues and assist with regulatory inquiries.
  • Collaborate with internal and external partners to develop client solutions.
  • Provide training on product offerings to internal teams and clients.

Benefits

  • Flexible workspace options including mobile and home-based arrangements.
  • Training and development opportunities for career advancement.
  • Access to health and wellness programs.
  • Contributions to retirement plans and other financial benefits.
  • Employee assistance programs for personal and professional support.
Full Job Description

Location:

For Those Who Work At Home, Ohio

Position Location Policy

  • General Location: within the United States

  • Hybrid Requirement (if within specific cities): If the selected candidate resides near KeyBank office (non-branch location), they are expected to work on-site 2 days per week.

Job Summary (Job Brief)

The Commercial DACA/Blocked Accounts Sr Product Manager is primarily responsible for all aspects of the DACA product experience, including product planning and discovery, product profitability, CX development, strategic direction, risk management and product operation.  The Product Manager also provides guidance related to asset based lending (ABL) account & product structures.  As a key contributor on the team, this individual will also work with other Product and Pricing Managers to drive forward initiatives and accelerate progress towards Key’s strategic initiatives by demonstrating product expertise, thought leadership, market support, client experience and partnering.  

ESSENTIAL JOB FUNCTIONS

  • The Commercial DACA Sr Product Manager will be responsible for all facets of KeyBank’s Commercial Deposit Account Control Agreement program, which includes solution consulting, onboarding, agreement language, billing, servicing and risk reviews.
  • The Commercial DACA Sr Product Manager will be responsible for leading a team of DACA associates including hiring, training, developing, and conducting performance management.
  • Continue to Enhance the overall onboarding and account servicing experience.
  • Take a leadership role in the evolution of KeyBank’s Commercial Liquidity positioning
  • Support Ad-hoc research and resolution of daily issues, data requests, reporting requirements, finding remediation as well as regulatory requests.
  • Partner with internal technology, 3rd party vendors, and other strategic partners to develop new client solutions.
  • Deliver training internally and externally to convey an understanding of the products, their usage and functionality. 
  • Support the sales force in selling the products and articulating the benefits to clients.
  • May serve as a Project Manager on product-related initiatives across various channels. Lead cross functional teams to ensure timely delivery of product management projects.
  • Enhance systematic reconciliation, better data for better control and efficiency.
  • Keep abreast of industry trends, regulatory changes and buying behavior patterns.
  • Responsible for the strategic design and development of new product portfolios and services that meet a client need
  • Responsible for monitoring and reporting out daily, weekly, and monthly acquisition performance trends
  • Responsible for understanding market conditions, the regulatory landscape and making recommendations for change as appropriate to internal and external conditions
  • Accountable for the compliance and legality of all product portfolio offerings and effectiveness of distribution and delivery
  • Consult with business leaders and management to obtain buy-in and input on recommended innovations and product portfolio enhancements
  • Accountable for scanning the competitive landscape, keeping a pulse on the competition with noted gaps, strengths, weaknesses and forecasting industry trends
  • Accountable for forecasting accuracy, performance measurement and monitoring, and overall client experience and impacts

REQUIRED QUALIFICATIONS

  • Bachelor’s degree required in Business (Accounting, Finance, Economics) ; MBA preferred.
  • Minimum of 5 years experience of product management or product development
  • Experience with Deposit Account Control Agreements/ Blocked Accounts
  • A drive to create, dig into, and use data and insights to identify opportunities to improve speed, quality, efficiency, and customer experience
  • Proficient in Excel; VLOOKUP’s, Pivot Tables, and ability to summarize large data sets into tables and digested, etc. 
  • Must be able to create and conduct executive level presentations, present at industry venues, and interface with clients.
  • Ability to work with all levels of Third-Party provider stakeholders and contacts
  • Dedicated to meeting the expectations of clients.
  • Ability to identify inefficient processes, recommend solutions, and manage implementation.
  • An ability to champion change, influence others, and foster teamwork.
  • Proficiency with PCs and standard Microsoft Office software.

PREFERRED QUALIFICATIONS

  • Ability to manage issues/programs and conduct detailed analysis of varying complexity, solve problems and drive business goals
  • Proven track record of identifying product gaps and representing client and business requirements to assist in prioritizing product development
  • Must have experience of analyzing complex information from variety of sources
  • Must be able to create and conduct internal and external stakeholder presentations, and clients as appropriate.
  • Strong analytical skills and the ability to forecast.  Excellent problem solving and quantitative skills.   
  • An ability to champion change, influence others, and foster teamwork.

Skills

  • Strategic Thinking & Product Vision: Aligns product decisions with long-term business goals and market opportunities
  • Analytical & Data-Driven Decision Making: Uses data analysis, metrics, and insights to guide product strategy and performance
  • Product & Financial Domain Expertise: Deep understanding of financial products, markets, and business drivers
  • Cross-Functional Leadership: Leads and influences diverse teams across business, technology, and operations
  • Program & Project Management: Executes complex, large-scale initiatives from concept through delivery
  • Stakeholder Communication: Translates complex concepts into clear messaging for executives, partners, and teams
  • Executive Storytelling & Presentation: Crafts and delivers compelling narratives to drive alignment and decisions
  • Client-Centric Mindset: Builds strong relationships and delivers solutions that meet customer needs
  • Change Leadership & Innovation: Drives transformation, fosters innovation, and guides teams through change
  • Collaboration & Influence: Works effectively across functions and influences without direct authority
  • Problem Solving & Critical Thinking: Identifies issues and develops structured, practical solutions
  • Results Orientation & Accountability: Prioritizes effectively and consistently delivers measurable outcomes
  • Risk Assessment & Mitigation: Proactively identifies and manages risks impacting product or project success
  • Time Management & Prioritization: Balances multiple initiatives and deadlines with a focus on business impact
  • Technical & Tool Proficiency: Leverages tools (e.g., Excel, enterprise systems) to support analysis and execution

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment.  As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 09/02/2026 #LI-Remote

About KeyBank

Shockingly, nearly 9-in-10 people who get their real estate license in America fail. We're solving that problem; And doing it while increasing profitability for the brokerage. Through technology, business automation, and a team approach we have created a system where agents focus solely on working with clients and closing deals.

KeyBank Careers

Joining KeyBank means stepping into a world of professional growth and innovation, where job opportunities abound in an environment that values leadership, diversity, and forward-thinking. As a member of our team, you will be part of a company that's committed to empowering your career journey while contributing to the financial wellness of our communities.

Work You'll Do

At KeyBank, we're not just in the business of banking; we're in the business of helping individuals and communities thrive. By joining our team, you will have the chance to be part of a culture that celebrates diversity and fosters leadership and professional development. Whether you're looking for a position in customer service, IT, finance, or management, KeyBank offers a variety of roles suited to your skills and career aspirations.

Innovate and Lead

KeyBank stands at the intersection of finance and innovation. Our employees are encouraged to lead with creativity and integrity, driving solutions that make a real difference. With a focus on digital transformation and sustainable growth, your work at KeyBank will challenge the status quo and encourage you to explore new ideas.

Grow Your Career

Career growth at KeyBank is not just a possibility—it's a priority. We are dedicated to your professional development through comprehensive training programs, leadership workshops, and continuous learning opportunities. Our commitment to your growth is matched by our dedication to inclusion, ensuring all voices are heard and valued.

Be Part of a Great Team

Our team at KeyBank is our strongest asset. We believe in using our collective skills to foster an environment of innovation and collaboration. Join us and connect with colleagues who are just as passionate and driven as you are. Through teamwork, we achieve exceptional results and push the boundaries of what's possible in the banking sector.

Internship and Employment Opportunities

For those starting their careers, KeyBank offers robust internship and employment opportunities that provide a solid foundation in the financial industry. Interns at KeyBank gain hands-on experience, beneficial networking connections, and insights into our day-to-day operations, setting the stage for a successful career.

Benefits and Culture

KeyBank is committed to offering benefits that enhance your life and well-being. From healthcare to retirement plans, and flexible working conditions, we ensure our employees are well taken care of. More than just benefits, our company culture is built on respect, integrity, and accountability—values that guide us in making a positive impact on our clients and communities.

Join Our Team

Explore the job opportunities at KeyBank and find the right fit for your skills and interests. We are continuously hiring and looking for individuals who are curious, innovative, and ready to make a difference. Prepare your resume, ace your interview, and join a team that's dedicated to your success and to transforming the landscape of banking.

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Join KeyBank and be part of a company where your career is as important to us as it is to you. Together, let's unlock opportunities for growth, innovation, and meaningful impact in the financial world.
Learn more about KeyBank
Size
17,110 employees
Market Cap
$16 billion
Industry
Net Income
$1.3 billion
Founded
1825
5 Year Trend
+5.6%
NASDAQ

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